MEGABITE AS

4021 STAVANGER

Finances

Return on Equity

328,71 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 341 000	6 023 000	5 522 000	5 430 000
Net Income	1 019 000	879 000	1 553 000	674 000
Total Assets	2 651 000	2 344 000	2 820 000	2 106 000
Total Equity	310 000	301 000	296 000	304 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 341 000	6 023 000	5 522 000	5 430 000
Expenditure	5 035 000	4 896 000	3 530 000	4 568 000
Operating Profit	1 306 000	1 127 000	1 991 000	862 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	1 306 000	1 127 000	1 991 000	864 000
Tax	287 000	248 000	439 000	190 000
Net Income	1 019 000	879 000	1 553 000	674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	58 000	60 000	74 000
Total Current Assets	2 536 000	2 286 000	2 760 000	2 032 000
Total Assets	2 651 000	2 344 000	2 820 000	2 106 000
Total Retained Equity	210 000	201 000	196 000	204 000
Total Equity	310 000	301 000	296 000	304 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 341 000	2 043 000	2 524 000	1 802 000
Total Equity and Debt	2 651 000	2 344 000	2 820 000	2 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 339 000	6 021 000	5 517 000	5 426 000
Other Income	2 000	2 000	4 000	4 000
Revenue	6 341 000	6 023 000	5 522 000	5 430 000
Cost of Goods Sold	1 316 000	1 535 000	1 076 000	1 125 000
Salary Costs	2 836 000	2 604 000	1 696 000	2 668 000
Depreciation	32 000	28 000	30 000	24 000
Impairment	0	0	0	0
Expenditure	5 035 000	4 896 000	3 530 000	4 568 000
Operating Profit	1 306 000	1 127 000	1 991 000	862 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	1 019 000	879 000	1 553 000	674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	13 000	14 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	46 000	46 000	61 000
Total Tangible Assets	104 000	46 000	46 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 000	58 000	60 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 775 000	1 961 000	2 325 000	1 229 000
Total Current Assets	2 536 000	2 286 000	2 760 000	2 032 000
Total Assets	2 651 000	2 344 000	2 820 000	2 106 000
Total Equity	310 000	301 000	296 000	304 000
Short-Term Group Debt	1 295 000	1 120 000	2 001 000	1 104 000
Total Long-Term Debt	0	0	0	0
Creditors	154 000	66 000	26 000	94 000
Unpaid Taxes	420 000	342 000	359 000	396 000
Dividends	0	0	0	0
Other Current Debt	472 000	516 000	138 000	208 000
Total Current Debt	2 341 000	2 043 000	2 524 000	1 802 000
Total Equity and Debt	2 651 000	2 344 000	2 820 000	2 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	328,71 %	292,03 %	524,66 %	221,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,6 %	18,71 %	36,06 %	15,87 %
Current Ratio	1,08	1,12	1,09	1,13
Quick Ratio	1,08	1,12	1,09	1,13
Equity Ratio	0,12	0,13	0,1	0,14
Gross Profit Margin	79,25 %	74,51 %	80,51 %	79,28 %